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2021-04-30-accounts

Information	....,......................
Report Of	The Trustees. .
Statement	OfTrustees' Responsibilities.
Independent	Auditor's Report To The Members	Of Inter-Varsity	Press. .
Statement	Of Financial Activities.
Balance Sheet
Statement	Of Cash Flows. ...................
Notes To The Financial Statements,

		Unrestricted	Total	Unrestricted	Total
			2021		2020
	Notes
Voluntary Income
Charitable activities		1,532	1,532	1,351	1,351
Total income		1,532	1,532	1,351	1,351
Expenditure on
Charitable activities		1,848	1,848	1,530	1,530
Total Expenditure		1,848	1,848	1,530	1,530
Net (Expenditure)		(316)	(316)	(179)	(179)
Reconcilation offunds
Total Funds brought
forward		(799)	(799)	(620)	(620)
Total Funds carried forward		(1,115)	(1,115)	(799)	(799)

Balance Sh As At 30April	eet 2021
				202I		202I	2020	2020
			Notes	6000		j000	f000	f000
Fixed assets
Intangible assets						l2		24
						l2		24
Current assets
Stocks				3I3			298
Debtors				53			I82
Cash at bank and	in hand			2I5			87
Total Current Assets				58I			567
Current liabilities
Amounts falling due	within	one year	7	(1,708)			(l,390)
Net current liabilities					(I,	I27)		(823)
Total assets less current		liabilities			(I, I I 5)			(799)
Net Liabilities					(I, I I 5)			(799)
Represented by:
Unrestricted funds					(I, I	I5)		(799)
Total charity funds					(I, I	I 5)		(799)

			2021	2020
			f'000	6'000
Cash provided by/(use in)	operating	activities (see below)	129	(64)
Net cash Inflow/(Out flow)			129	(64)
Cash and cash equivalents	brought forward		87	151
Cash and cash equivalents	carried forward		215	8'7
Net expenditure			(316)	(179)
Amortisation ofgoodwill			12	12
(Increase) / Decrease in stocks			(15)	82
Decrease/(Increase) in Trade	and Other	Debtors	130	(13)
Increase in Trade and Other Creditors			318	34
Cash provided by/(used in)	operating	activities	129	(64)

2 INCOME FROM CHARITABLE	ACTIVITIES
	202I	2020
	f000	f000
Publishing:
Sales	734	763
Royalties Rec'd	698	550
Commission	5	l2
Other Income	95	26
	I,532	l,35 I

3	NET EXPENDITURE
		202I	2020
		f000	f000
This is	stated after charging:
Auditors'	remuneration	9	6
Amortisation		12	12

		Charitable	Governance	Total	Total
		Activities	Costs	202 I	2020
			f000	f000
Cost ofsales
Cost of Sales		493		493	628
Other direct	costs	522		522	464
		I,OI5		I,0 I5	1,092
Publishing
Other direct	costs	(22)		(22)	20
Management	charges	834		834	400
Amortisation		l2		l2	12
		824		824	432
Other costs
Audit fees
Total expenditure		1,839	9	I,848	I,530

5 INTANGIBLE ASSETS
	Goodwill	Total
	6000	6000
Cost or Valuation
Balance I Nay 2020	60	60
Additions in year
Balance at 30 April 2021	60	60
Arnortisation
Balance I Nay 2020	(36)	(36)
Charge for year	(12)	(I2)
Balance at 30 April 202 I	(48)	(48)
Net book value
As at 30th April 202 I	l2	l2
As at 30 April 2020		24
6 DEBTORS
	202I	2020
	6000	6000
Trade debtors	5	5
Other debtors	48	I77
	53	I82

				202I	2020
				6000	6000
Trade creditors				36	4l
Amounts	owed to group		undertakings	l,320	I,063
Other creditors				345	262
Accruals	and deferred	income		7	24
				I,708	l,390

			At	I	May			At	30Apnl
					2020	Income	Expenditure		202I
					f000	6000	6000		6000
Unrestricted		Funds
General	Fund				(799)	I,532	(1,848)		(I, I I5)
			At	I	May			At	30 April
					20I9	Income	Expenditure		2020
					6000	6000	6000		6000
Unrestricted		Funds
General	Fund				(620)	l,351	(I,530)		(799)

During	the	year, the fol	lowing transactions tool& pla	ce with SPCK:
				2021	2020
				f000	f000
Management		charge paid by	I III'P	834	400
Amounts	owed to SPCK			1,320	1,063